RE:RE:RE:RE:RE:RE:MXI Market Value & Buyout ValueTreetop... you can gauge what inferred resources are worth by researching other junior miners that got bought out in the past to come up with a common $ per inferred ounce. The Diakha deposit which is open in all directions and at depth, has significant potential for expansion. Before the 2008 Crash when Gold was just over $1,000 miners were getting $100 per inferred ounce. Given the quality grams per ton ounces with Merrex, we could easily assign $50 per inferred ounce. The Diakha extension results should come out soon, maybe next week. Between Diakha and the Eastern Siribaya deposit, we have close to 2 Million Inferred ounces. If we keep drilling and creep those ounces up to 3 Million x 50% Merrex JV owned = 1.5 Million Inferred Ounces x $50 = $75 Million / 150 Million Merrex shares outstanding not including 50 million shares owned by IamGold = $.50 per share and that's not including 100% Merrex owned Karita! If Karita proves to me 3 Million Inferred Ounces in the future... 3 Million x $50 = $1.00 per share. So we have a near-term value of $.50 per share + $1.00 per share 2 to 3 years down the road for 100% Merrex Owned Karita. Minus any share dilution for drilling costs, but as Wilwal mentioned before, the cost of drilling Karita will be much less because they have a precise area to drill along the major faultline, so it's not hit and miss drilling anymore............................... Now Treetop.... because you're the largest skeptic in the world! Let's say absolute worst case inferred ounces are $25 per ounce (guaranteed to be that at minimum with Gold sentiment on a rebound now and longterm uptrend forming). That would mean my scenario above puts MXI at a nearterm $.25 per share bottom line and add $.50 per share 2 to 3 years out for Karita as a bottom line huge skeptic. But with Gold sentiment rising, we could be heading back to the pre-2008 era where inferred oucnes were going for $100 per ounce and you have to factor in the high grams per ton with Merrex's deposits off a rich proven faultline. Diakha is OPEN IN ALL DIRECTIONS my friend. The potential is huge! High g/t grades. Yes it's my money! That's why I have a huge amount of shares in MXI! The problem with you Treetop... is that you seem too diversified. You seem like one of those guys that owns a small amount of 50 junior miners. It's better to do your research and pick a few high buyout candidate like MXI and load more money into it. Put a little Skin In The Game Pal. Joint Venture junior miners are the most likely to get bought out. Especially when Big Brother IamGold is the JV with $650 Million Cash! That de-risks this investment right there. And you already know the story from our previous posts, that IamGold would be eager to buy the Merrex JV out to work on one mega project along with Boto all in a tight 10km stretch.